Transactions listed are from July 1, 1947 to June 30, 1948

• July 9, 1947

  Drafted Ariel Maughan from the Detroit Falcons in the dispersal draft.

  Drafted John Janisch from the Detroit Falcons in the dispersal draft.

• July 27, 1947

  Drafted Harry Miller from the Toronto Huskies in the dispersal draft.

  Drafted Stan Noszka from the Pittsburgh Ironmen in the dispersal draft.

  Drafted John Abramovic from the Pittsburgh Ironmen in the dispersal draft.

  Drafted Ben Scharnus from the Cleveland Rebels in the dispersal draft.

  Drafted Ed Sadowski from the Cleveland Rebels in the dispersal draft.

  Drafted Mel Riebe from the Cleveland Rebels in the dispersal draft.

• October 27, 1947

  Traded John Abramovic to the St. Louis Bombers for George Munroe and cash.

• February 9, 1948

  Traded Connie Simmons to the Baltimore Bullets for Mike Bloom.

• April 12, 1948

  Hired Alvin Julian as Head Coach.

• May 1, 1948

  Traded Ed Sadowski to the Philadelphia Warriors for Hank Beenders and Chick Halbert.

• May 10, 1948

  Drafted Ray Wehde in the 11th round (?? pick) of the 1948 BAA Draft.

  Drafted Guinn Phillips in the 10th round (?? pick) of the 1948 BAA Draft.

  Drafted Murray Mitchell in the 5th round (?? pick) of the 1948 BAA Draft.

  Drafted Tom Kelly in the 4th round (?? pick) of the 1948 BAA Draft.

  Drafted Marshall Hawkins in the 3rd round (?? pick) of the 1948 BAA Draft.

  Drafted Jack Hauser in the 9th round (?? pick) of the 1948 BAA Draft.

  Drafted Neil Dooley in the 8th round (?? pick) of the 1948 BAA Draft.

  Drafted Bob Curran in the 7th round (?? pick) of the 1948 BAA Draft.

  Drafted Norman Carey in the 6th round (?? pick) of the 1948 BAA Draft.

  Drafted Johnny Bach in the 2nd round (?? pick) of the 1948 BAA Draft.

  Drafted George Hauptfuhrer in the 1st round (3rd pick) of the 1948 BAA Draft.